Incredibles 2 $500M Blockbuster Warrant

Symbol:NCRD2.BW
Status:Active
IPO Date:Jul 8, 2018

Description

Blockbuster Warrants

Blockbuster Warrants are Hollywood Derivatives which allow traders the opportunity to invest in the long-term financial success of the biggest studio movies. Blockbuster Warrants are similar to Call Options, except the strike price is set for 12 weekends of box office in wide release.

If this particular film makes the strike price by its 12th weekend of wide release, then the warrant will cash out at the difference between the actual box office and the strike price. If the film does not hit the strike price, then the warrant will cash out at zero.

For Example: A $100M Blockbuster Warrant has a strike price of H$100. It will delist at zero if the movie does not make more than $100 million after 12 weekends. If the film makes more than $100 million, then the Warrant will cash out at a price determined by the following formula: (Actual Box Office - Strike Price). If the film made $125 million, then the Warrant would cash out at H$25.00 ($125 - $100).



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Incredibles 2 $500M Blockbuster (NCRD2.BW)

H$17.22H$0.04 (0.23%)

Change TodayCurrent Value

Shares Held Long on HSX: 22,595,350
Shares Held Short on HSX: 20,000
Trading Volume on HSX (Today): 160,000

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High and Low Trading Prices

This Week H$16.52 H$11.92
This Month H$16.52 H$5.00
This Season H$16.52 H$5.00
This Year H$16.52 H$5.00

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What is a: Derivative, Status, Change Today


Think you can manage?

Think you have what it takes to manage a Movie Fund? If you have a portfolio worth over H$100 million, then submit your fund idea proposal to macdaddy@hsx.com.

Tyler Perry's A Madea Family Fun (MADFF) 100000 29.27 (+0.13)         Peter Fonda (PFOND) 20000 0.59 (-0.05)         Kevin James (KJAME) 20000 88.54 (+0.60)         Cats (CATS) 100000 37.62 (+4.53)         It: Chapter Two (IT2) 40000 228.98 (-0.20)         Gary Ross (GAROS) 20000 115.18 (+0.85)         Cats (CATS) 99997 37.62 (+4.53)         Ben is Back (BENIB) 28942 6.77 (-0.01)         Border (BORDR) 100000 1.31 (-0.02)         Jeff Daniels (JDANI) 20000 73.26 (-0.40)         The Predator (PRED4) 100000 73.83 (+0.06)         David Spade (DSPAD) 20000 119.35 (+1.14)         The Outpost (OUTPS) 100000 14.34 (-2.65)         The Predator (PRED4) 100000 73.83 (+0.06)         Wentworth Miller (WMILL) 20000 31.49 (+0.16)         Bad Boys For Life (BADB3) 99997 44.81 (+0.39)         Cats (CATS) 99000 37.62 (+4.53)         Robin Hood (RBNHO) 100000 39.87 (-0.39)         Morena Baccarin (MBACC) 19999 117.67 (+0.01)         The Outpost (OUTPS) 100000 14.34 (-2.65)         Black Adam (BADAM) 100000 60.04 (-0.69)         Black Adam (BADAM) 100000 60.04 (-0.69)         Annette Bening (ABENI) 20000 3.24 (-0.08)         Good Boys (GBOYS) 100000 23.38 (+0.20)         Zazie Beetz (ZBEET) 19999 90.71 (-0.39)         Six Minutes to Midnight (6MTMN) 100000 6.00 (0.00)         Zazie Beetz (ZBEET) 19999 90.71 (-0.39)         Bad Boys For Life (BADB3) 99000 44.81 (+0.39)         Gemma Arterton (GARTE) 4999 4.84 (0.00)         Cats (CATS) 90000 37.62 (+4.53)         Thomas Jane (TJANE) 20000 7.51 (-0.08)         The House With a Clock in Its Wa (THWCW) 100000 43.78 (+0.13)         Jim Broadbent (JBROA) 19999 37.74 (-0.35)         Ben is Back (BENIB) 15000 6.77 (-0.01)         Midway (MDWAY) 5000 32.45 (-0.13)         Jim Broadbent (JBROA) 19999 37.74 (-0.35)         Sicario: Day of the Soldado (SICA2) 40000 45.01 (-0.04)         Boy Erased (BERAS) 15000 14.29 (-1.10)         Bad Boys For Life (BADB3) 100000 44.81 (+0.39)         James Bond 25 (JB25) 3127 158.62 (+0.14)         Limited Partners (LMTDP) 100000 31.47 (+1.25)         Six Minutes to Midnight (6MTMN) 100000 6.00 (0.00)         The Sisters Brothers (TSBRO) 50000 7.83 (+0.12)         The Man Who Killed Don Quixote (MWKDQ) 2 0.52 (+0.02)         The Party’s Just Beginning (TPSJB) 100000 2.00 (0.00)         Gerard Butler (GBUTL) 20000 61.28 (+0.13)         Duck Duck Goose (DDGOS) 50000 0.04 (0.00)         The Upside aka Untouchable aka T (NTCHB) 2 10.75 (-0.05)         Allison Janney (AJANN) 19999 94.27 (-0.39)         The Party’s Just Beginning (TPSJB) 100000 2.00 (0.00)